I came across a 5 year old magazine article this morning while decluttering that said the average American spends as much on housing each year as they do on food, transportation and entertainment combined.
Do you really think that’s true?
Housing – House payment, insurance, property maintenance, stuff to fill the house, utilities etc.
Transportation – Vehicles, gas, tabs, repairs, maintenance, tools, public transportation etc.
Food – Groceries, dining out
Entertainment – Whatever floats your boat I guess
Maybe we are just really, really boring people who don’t eat exciting food or drop Benjamins to keep entertained but still, it makes me wonder if people really are spending as much on housing each year as they do on food, transportation and entertainment combined. Maybe we’re weird because we don’t have a camper or a boat or other sorts of toys like our friends and neighbors do. We don’t {typically} buy fancy food or go to the latest movies either.
While we do own a nice car, our second car is an old convertible that’s maybe worth $3,000. The only thing we splurge on is vacations… but that wasn’t even included in the article.
What do you think?
Was the article was accurate? Do you spend as much on your home as you do transportation, food and entertainment?
Inquiring minds want to know.
~Mavis
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